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Banks Waive Fees for Residents in Path of Hurricane Sandy
Anticipating a storm-related cash crunch and bill-paying delays, Chase and Citibank announced on Sunday that they would waive overdraft, ATM, and/or late fees for customers in New York, New Jersey, and Connecticut who will get hit by historic Hurricane Sandy over the next 72 hours. JP Morgan Chase — the nation’s largest bank — sent an e-mail to customers Sunday night informing them that all overdraft fees and late fees on credit cards and business and consumer loans would be waived through Wednesday, Oct. 31. Customers have until the end of business Thursday to make sure their accounts and balances are ... (full story)